RW Investment Management LLC Makes New $684,000 Investment in JBT Marel Corporation $JBTM

RW Investment Management LLC bought a new stake in JBT Marel Corporation (NYSE:JBTMFree Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 4,720 shares of the company’s stock, valued at approximately $684,000.

Several other large investors have also modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in JBT Marel by 3.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,863,321 shares of the company’s stock valued at $280,747,000 after buying an additional 66,940 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of JBT Marel by 19.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,458,953 shares of the company’s stock worth $219,821,000 after acquiring an additional 233,914 shares during the period. T. Rowe Price Investment Management Inc. boosted its holdings in shares of JBT Marel by 53.5% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,317,389 shares of the company’s stock valued at $198,492,000 after acquiring an additional 458,980 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of JBT Marel by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 1,246,584 shares of the company’s stock valued at $187,855,000 after acquiring an additional 8,291 shares in the last quarter. Finally, Alliancebernstein L.P. acquired a new position in shares of JBT Marel during the second quarter worth about $135,854,000. Hedge funds and other institutional investors own 98.92% of the company’s stock.

JBT Marel Stock Performance

JBTM opened at $120.33 on Monday. JBT Marel Corporation has a 1-year low of $113.67 and a 1-year high of $170.19. The stock has a market cap of $6.24 billion, a P/E ratio of 32.79, a P/E/G ratio of 1.32 and a beta of 0.94. The stock’s 50 day simple moving average is $133.48 and its 200 day simple moving average is $137.52. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.24 and a quick ratio of 0.70.

JBT Marel (NYSE:JBTMGet Free Report) last posted its earnings results on Monday, August 3rd. The company reported $1.95 EPS for the quarter, missing analysts’ consensus estimates of $2.02 by ($0.07). JBT Marel had a return on equity of 8.75% and a net margin of 4.89%.The firm had revenue of $981.00 million for the quarter. JBT Marel has set its FY 2026 guidance at 7.850-8.350 EPS. As a group, equities analysts anticipate that JBT Marel Corporation will post 8.05 EPS for the current fiscal year.

JBT Marel Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 17th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Monday, August 17th. JBT Marel’s dividend payout ratio is presently 10.90%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on JBTM shares. Zacks Research downgraded shares of JBT Marel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 28th. Seaport Research Partners set a $165.00 target price on JBT Marel in a research report on Thursday, May 21st. Wall Street Zen cut JBT Marel from a “buy” rating to a “hold” rating in a report on Sunday, June 21st. Weiss Ratings downgraded JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 5th. Finally, Oppenheimer initiated coverage on shares of JBT Marel in a research note on Thursday, May 21st. They set an “outperform” rating and a $175.00 price target on the stock. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $174.67.

View Our Latest Report on JBTM

JBT Marel Profile

(Free Report)

JBT Marel Corporation provides technology solutions to food and beverage industry in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers value-added processing that includes chilling, mixing/grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high pressure processing, weighing, inspecting, filling, closing, sealing, end of line material handling, and packaging solutions to the food, beverage, and health market.

Further Reading

Institutional Ownership by Quarter for JBT Marel (NYSE:JBTM)

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